November 2018

Why Greek pensioners are moving to the poorest EU country?

November 08, 2018 - 10:03
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Why Greek pensioners are moving to the poorest EU country?

Payouts to Greece's pensioners were cut so much that some of them are moving to one of the poorest countries in Europe, Bloomberg writes.

Pension equal to 800 euro may let Greek pensioner to live comfortably in Sofia, the capital of Bulgaria, visit Greece and travel to other countries.

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Brexit at UK's real estate market: volatility creates opportunities

November 08, 2018 - 08:56
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Brexit at UK's real estate market: volatility creates opportunities

American investors use slump at UK’s real estate market as opportunity to buy, Bloomberg writes. Some of them do not believe that the country’s exit from EU will significantly hurt financial industry and economy. Even though pound lost 11% since the referendum, slowdown was not so dramatic.

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Turkey is still most vulnerable out of all emerging markets

November 07, 2018 - 14:39
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Turkey is still most vulnerable out of all emerging markets

Change in investors’ moods in regards to Turkey’s assets since September did not help to change fundamental reasons, for which the country is leading the list of emerging markets most vulnerable to external shocks, Bloomberg Economics concludes.

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Dollar is down, US stocks are up: Market news

November 07, 2018 - 12:34
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Dollar is down, US stocks are up: Market news

Dollar fell, US futures gained along with US Treasuries as investors evaluate consequences of midterm elections in the US. Stocks in Europe gained, while indexes in Asia showed mixed results. Euro grew after industrial production unexpectedly rose in Germany in September.

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Reward for ideas in regards to the UK’s economic growth is announced

November 07, 2018 - 10:47
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Reward for ideas in regards to the UK’s economic growth is announced

Search of solution for fading economic growth of the UK can bring someone a prize worth 100000 pounds, Bloomberg reports.

This prize will be rewarded to the most successful participant of the contest initiated by the Institute for Public Policy Research.

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Tourism boom caused housing prices growth in Prague

November 06, 2018 - 14:59
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Tourism boom caused housing prices growth in Prague

Czech capital recently became number 5 tourist destination in Europe, which caused property prices to grow by 50% since 2013, Bloomberg reports. Local residents are not very happy about it, since besides price growth, they also have to face with annoying tourists renting apartment for short-term stays from such services as Airbnb. As a result, they are asking politicians to tighten control over such services.

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